AerCap Holdings (NYSE:AER) Given Consensus Rating of “Buy” by Analysts

Shares of AerCap Holdings (NYSE:AER) have been assigned an average recommendation of “Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a buy rating. The average 1 year price target among analysts that have issued a report on the stock in the last year is $87.71.

AER has been the subject of a number of recent analyst reports. TD Cowen restated a “buy” rating and set a $85.00 price objective on shares of AerCap in a report on Tuesday, February 27th. Susquehanna raised their target price on shares of AerCap from $80.00 to $90.00 and gave the company a “positive” rating in a research note on Monday, February 26th. Barclays lifted their price target on shares of AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. Finally, BMO Capital Markets lowered their price objective on AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a research report on Monday, February 26th.

AerCap Price Performance

Shares of NYSE:AER opened at $85.69 on Tuesday. The firm’s 50 day moving average price is $80.25 and its 200-day moving average price is $71.73. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 2.80. The stock has a market capitalization of $16.96 billion, a PE ratio of 6.06, a price-to-earnings-growth ratio of 2.77 and a beta of 1.85. AerCap has a twelve month low of $53.42 and a twelve month high of $87.90.

AerCap (NYSE:AER) last posted its quarterly earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.67. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period in the prior year, the business posted $2.66 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. Equities research analysts expect that AerCap will post 9.88 EPS for the current year.

Hedge Funds Weigh In On AerCap

A number of institutional investors have recently modified their holdings of the stock. Wellington Management Group LLP lifted its holdings in AerCap by 9.9% in the third quarter. Wellington Management Group LLP now owns 21,028,200 shares of the financial services provider’s stock valued at $1,317,837,000 after acquiring an additional 1,901,459 shares during the period. BlackRock Inc. raised its holdings in shares of AerCap by 3.4% during the second quarter. BlackRock Inc. now owns 8,261,077 shares of the financial services provider’s stock valued at $524,744,000 after acquiring an additional 269,167 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of AerCap by 32.0% in the fourth quarter. Franklin Resources Inc. now owns 6,090,321 shares of the financial services provider’s stock worth $452,633,000 after acquiring an additional 1,476,236 shares during the last quarter. London Co. of Virginia increased its position in shares of AerCap by 5.5% during the third quarter. London Co. of Virginia now owns 4,128,103 shares of the financial services provider’s stock worth $258,708,000 after purchasing an additional 215,460 shares in the last quarter. Finally, Donald Smith & CO. Inc. raised its stake in AerCap by 5.5% in the 4th quarter. Donald Smith & CO. Inc. now owns 4,069,400 shares of the financial services provider’s stock valued at $302,438,000 after purchasing an additional 211,260 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.